Survey highlights range in costs between milk producers

The wide range in dairy farmers’ costs of production has been highlighted by figures released by Defra. Analysis of the results of the 2015-16 Farm Business Survey show the average cost of production was 25.5ppl, against an average farmgate price of 25.3p/litre for the farms involved in the survey. However, they also reveal that 5% of businesses were producing milk for less than 20p/litre, while another 13% were averaging between 20 and 22.5p/litre. See also: Industry split over value of […]

This article is for registered users.To continue reading register for free...